Current U.S. Political Economy Controversies

Decade Grade		Terrible Events	Bad Events	Not Good Events	Rest of the Story
1	1930-39	Great Depression Dust Bowl			Keynes wins battle with classical economics or did he?
1A	1940-49	War II		Cold War	Marshal Plan rebuilds Europe helping U.S economy, Truman Doctrine hopes to contain fears about communism
3	1960-69	4 Assassinations Social Unrest Hong Kong Flew³	Vietnam War		War and Segregation Turmoil dominate the decade
4	1910-19	WW I Spanish Flu³ Measles		Labor unrest Red Scare	Progressive Era continues as US slowly affords social responsibility including hookworm parasite elimination which increases southern worker and school productivity
5	1950-59	Korean War Asian Flew³ Polio Epidemic³	Segregation Turmoil	2 small recessions Red Scare	Economic Expansion and the rise of the middle class
6	2000-09		2 Small Wars Great Recession	Terrorism	2 tax cuts and one health care acts Medicare expansion ease pain from
7 and	1900-09		Unions & Social Unrest A Sever Recession	Last Yellow Fever Epidemic³	Progressivism begins the movement away from Oligopoly toward Social Responsibility Scarlet Fever Deaths Peak³
7A	1970-79		Stagflation	Watergate Oil Embargos Iran Hostages
8	1980-89		A Sever Recession		RR cuts taxes and deregulation starts debt explosion, middle class wages stagnate
9	1920-29			Small Post WW I recession	Economy expands as Wall Street and business rebuild Europe
10	1990-99				Free trade and capital markets expansion continues middle class stagnation
11	2010-04				Great Recession quickly recovers because government prints money, Health Care Expands, Many Already With Government Subsidized Health Insurance² abhor Changes
¹The devastating affects of war on the human condition make it the most terrible event. The devastating affects of unemployment on the human condition make it the second most terrible event. prepared by Walter Antoniotti				²Company paid health insurance care, Medicare way over budget, Veterans Health Care, Medicaid, Hospital must help uninsured and money comes from everyone.
³1902 Scarlet Fever deaths peak at close to 5,000 and slowly drop thanks to penicillin. 1905 Last Yellow Fever epidemic 20 died in US as misquote control eliminated cause, vaccine 1936. 1916 Measles 12,000 mostly children died, vaccines finally eliminates most of it in early 1980's. 1918 Spanish Flew 500,000 died in US. 1921 Diphtheria 206,000 cases, 15,520 mostly children died. 1953 Polio strikes 57,628 with 21,000 paralyzed, vaccine followed but vaccination took a while, gone from US. 1957-58 Asian Flew 70,000 died in US. 1968-69 Hong Kong Flew 34.000 died in US. 1960's brought Measles, Mumps, and Rubella vaccines 1960's making childhood much more comfortable and in 1995 a Chicken Pox vaccine was developed.